Anesiva files for bankruptcy after Arcion merger falls through

Anesiva is to file for bankruptcy protection after its proposed merger with Arcion Therapeutics, which appeared to be the struggling pharmaceutical company's saviour in August, was terminated.

Anesiva is to file for bankruptcy protection after its proposed merger with Arcion Therapeutics, which appeared to be the struggling pharmaceutical company's saviour in August, was terminated.

Anesiva announced on December 31st that it had failed to satisfy the closing conditions of the deal, which required it...

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